NOT LISTED FOR SALE

4224 Cherry Valley Dr Olney, MD 20832

Estimated Value: $850,000 - $905,000

5 Beds
3.5 Baths
2,424 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $568,999 $235 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,473/month

108 Days on Market

Highlights

  • Second Kitchen
  • Colonial Architecture
  • Cathedral Ceiling
  • Cashell Elementary School Rated A
  • Traditional Floor Plan
  • Upgraded Countertops

About This Home

As of August 2018

$30,000 PRICE REDUCTION*Well-laid-out 3-level Colonial. Updated kitchen w/gas cooking, stainless steel appliances, new granite counters, adjoining laundry closet. Large LR, formal dining room, family room w/brick wood-burning FP. 4BRs, 2BAs upstairs. Huge MBR w/cathedral ceiling, walk-in closet, luxurious full bath w/soaking tub. Basement could be separate apartment-kit, BR, FB, rec rm, rear exit.

Last Agent to Sell the Property

Michael McDermitt

Long & Foster Real Estate, Inc. License #47866 Listed on: 03/21/2018

Long & Foster Real Estate, Inc.

Co-Listed By

Eyvonne Wilson

Long & Foster Real Estate, Inc. License #594104

Last Buyer's Agent

Carmen Prather

RE/MAX Excellence Realty License #616050

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,179

Year Built

  • Built in 1986

Lot Details

  • 0.32 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Property is in very good condition
  • Property is zoned R200

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Cathedral Ceiling
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • French Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room
  • Storm Doors

Kitchen

  • Second Kitchen
  • Breakfast Room
  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Rear Basement Entry
  • Basement Windows

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include common area maintenance
  • Cherrywood Hoa Community
  • Cherrywood Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 160801788804

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,179

Year Built

Built in 1986

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Remarks Public: $30,000 PRICE REDUCTION*Well-laid-out 3-level Colonial. Updated kitchen w/gas cooking, stainless steel appliances, new granite counters, adjoining laundry closet. Large LR, formal dining room, family room w/brick wood-burning FP. 4BRs, 2BAs upstairs. Huge MBR w/cathedral ceiling, walk-in closet, luxurious full bath w/soaking tub. Basement could be separate apartment-kit, BR, FB, rec rm, rear exit.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven/Range - Gas, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Interior Amenities: Kitchen - Table Space, Breakfast Area, Family Room Off Kitchen, Dining Area, 2nd Kitchen, Primary Bath(s), Upgraded Countertops, Crown Moldings, Window Treatments, Chair Railings, Floor Plan - Traditional
  • Window Features: Bay/Bow, Double Pane
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Storm
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Breakfast Room, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Daylight, Partial, Full, Fully Finished, Heated, Improved, Walkout Stairs, Windows
  • Living Area Units: Square Feet
  • Street Number Modifier: 4224

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 5.33
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 261300.00
  • Land Assessed Value: 260500.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.32
  • Lot Size Area: 13982
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13982.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13884411
  • Tax Annual Amount: 6179.09
  • Assessor Parcel Number: 160801788804
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 2424
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/23/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Aug 23, 2018
Sold by
King Yann Pyng and King Jan Hsiao Ming
Bought by
Yu Janet Huie
Seller's Agent
Michael McDermitt
Long & Foster Real Estate, Inc.
Buyer's Agent
Carmen Prather
RE/MAX Excellence Realty
List Price
$615,000
Sold Price
$568,999
Premium/Discount to List
-$46,001
-7.48%
Current Estimated Value
$868,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,419
Avg. Annual Appreciation
6.48%
Original Mortgage
$512,099
Interest Rate
8.24%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 18, 1986
Bought by
King Yann-Pyng and King H-M J
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yu Janet Huie $568,999 Michaels Title And Escrow Ll
King Yann-Pyng $177,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huie Yu Janet $250,000
Open Yu Janet Huie $510,685
Closed Yu Janet Huie $515,363
Closed Yu Janet Huie $512,099
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $568,999 -0.2% $235 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
06/20/2018 06/20/18 Price Changed $569,900 -5.0% $235 / Sq Ft
04/28/2018 04/28/18 Price Changed $599,900 -2.5% $247 / Sq Ft
03/21/2018 03/21/18 For Sale $615,000 -- $254 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,553 $704,067 $0 $0
2023 $6,726 $628,133 $0 $0
2022 $5,809 $552,200 $260,500 $291,700
2021 $5,643 $542,067 $0 $0
2020 $5,507 $531,933 $0 $0
2019 $5,379 $521,800 $260,500 $261,300
2018 $5,382 $521,800 $260,500 $261,300
2017 $5,666 $521,800 $0 $0
2016 -- $526,700 $0 $0
2015 $4,565 $505,900 $0 $0
2014 $4,565 $485,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael McDermitt

    Seller's Agent in 2018

    Michael McDermitt

    Long & Foster

    (301) 512-1212

    12 in this area

    41 Total Sales

    Section Image
  • Eyvonne Wilson

    Seller Co-Listing Agent in 2018

    Eyvonne Wilson

    Long & Foster

    (301) 980-9053

    1 in this area

    18 Total Sales

    Section Image
  • Carmen Prather

    Buyer's Agent in 2018

    Carmen Prather

    RE/MAX

    (301) 536-0111

    2 in this area

    144 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1000293960

Bright MLS

APN: 08-01788804

Maryland Montgomery County Olney 20832

4224 Cherry Valley Dr, Olney, MD

This home is located at 4224 Cherry Valley Dr, Olney, MD 20832 since 21 March 2018 and is currently estimated at $874,364, approximately $360 per square foot. This property was built in 1986. 4224 Cherry Valley Dr is a home located in Montgomery County with nearby schools including Cashell Elementary School, Redland Middle School, and Col. Zadok Magruder High School.

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